How Long to Read A General Equilibrium Approach to Interenterprise Arrears in Transition Economies with Application to Russia

By Mr.Se-Jik Kim

How Long Does it Take to Read A General Equilibrium Approach to Interenterprise Arrears in Transition Economies with Application to Russia?

It takes the average reader and 30 minutes to read A General Equilibrium Approach to Interenterprise Arrears in Transition Economies with Application to Russia by Mr.Se-Jik Kim

Assuming a reading speed of 250 words per minute. Learn more

Description

This paper presents a general equilibrium model of interenterprise arrears, characterized by n-stage production technology with random productivity shocks. The model shows that large interenterprise arrears in transition economies may reflect substantial business risks in those countries and that rapid privatization and commercialization may contribute to a huge initial accumulation of trade credits and arrears. The paper also suggests that administrative measures aimed at immediate reduction of IEA such as imposition of prepayments and penalty charges, would not be as effective as partial equilibrium frameworks suggest. Consequently, a fundamental solution should be sought instead in reducing business risks or improving enterprise information. Finally, the paper discusses the relevance of the model to Russian experience in 1993 and 1994.

How long is A General Equilibrium Approach to Interenterprise Arrears in Transition Economies with Application to Russia?

A General Equilibrium Approach to Interenterprise Arrears in Transition Economies with Application to Russia by Mr.Se-Jik Kim is 30 pages long, and a total of 7,500 words.

This makes it 10% the length of the average book. It also has 9% more words than the average book.

How Long Does it Take to Read A General Equilibrium Approach to Interenterprise Arrears in Transition Economies with Application to Russia Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 40 minutes to read A General Equilibrium Approach to Interenterprise Arrears in Transition Economies with Application to Russia aloud.

What Reading Level is A General Equilibrium Approach to Interenterprise Arrears in Transition Economies with Application to Russia?

A General Equilibrium Approach to Interenterprise Arrears in Transition Economies with Application to Russia is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

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